PlusAI clears SEC hurdle for SPAC merger, eyes February debut

Core Insights - PlusAI is set to become a publicly traded company in February 2026 following its merger with Churchill Capital Corp IX [1] - The company has completed the SEC review process for its S-4 filing, which was declared effective in late January, allowing for a shareholder vote on February 3 [2] - The merger agreement with Churchill Capital, announced in June 2025, marks a significant milestone in PlusAI's efforts to commercialize autonomous trucking technology [3] Company Developments - PlusAI has strengthened its leadership team with the appointment of David C. Peterschmidt and Harry J. Harczak, Jr. as new board members, effective upon the public listing [5] - Peterschmidt has extensive experience in the technology sector, having previously scaled a company from a few employees to over 2,000 and taken it public [6] - Harczak, a former senior partner at PricewaterhouseCoopers LLP, will serve as the audit committee chair and has experience as a CFO for a public company [6][7] Technology and Market Strategy - PlusAI is validating its autonomous driving technology through partnerships with Volkswagen's Traton Group, targeting a commercial launch of autonomy-enabled trucks in 2027 [7]